Allow us to review your financial situation
Filing for bankruptcy can provide a fresh financial start, but it’s important to understand the different types available. At Larry Plummer Law, we help you explore options such as Chapter 7 and Chapter 13 bankruptcy, explaining the benefits and requirements of each. Our goal is to ensure you make informed decisions that align with your long-term financial goals.
We take the time to evaluate your financial situation, identify the best course of action, and guide you through every step of the process. From filing paperwork to communicating with creditors, we handle the details so you can focus on rebuilding your financial future.
Navigating financial challenges can feel overwhelming, but you don’t have to face them alone. At Larry Plummer Law, we provide professional bankruptcy assistance to individuals and families in in a fashion most accessible to our clients. Whether an in-office consultation or a convenient on-line, virtual session, we aim to provide the most comprehensive legal advice regarding your financial situation. Our firm understands that every financial situation is unique, and we take a personalized approach to help you regain control and move forward with confidence.
Whether you are dealing with mounting debt or uncertainty about your legal options, our team is here to help. If your creditors are harassing you and it seems that they will not let you alone, there is a provision in the Bankruptcy Code known as the “automatic stay”. This is a provision which acts as an injunction against a wide array of creditor activity. Once the petition is filed, most creditors are disallowed from making any further attempt to confront you regarding outstanding debts and their claim must be filed and adjudicated through the bankruptcy process.
Chapter 7 - Liquidation
A Chapter 7 Bankruptcy is commonly referred to as a liquidation. In many Chapter 7 bankruptcy cases, Chapter 7 debtors do not own any real property or, if they do own real property, they do not have any equity in their real property or mortgage arrears. Many Chapter 7 debtors primarily want to rid themselves of unsecured debts in a relatively, quick, inexpensive and effective manner in order to obtain a “fresh start”. Generally speaking, any individual residing in the United States, or having domicile, a place of business, or property in the United States is eligible to become a voluntary Chapter 7 debtor.
Larry Plummer Law offers flexible, convenient consultations in our offices in Hackensack, New Jersey. Of course, we also offer a complete virtual practice should our clients find that a visit to our offices is inconvenient. This approach allows clients to access experienced legal support without requiring in-person visits. If you prefer face-to-face interaction, you may schedule an appointment by contacting our office by telephone.
Our firm is committed to providing clear communication, responsive service, and tailored strategies. We understand the stress associated with financial hardship, and we work diligently to provide reassurance and practical solutions throughout your case.
Chapter 13 - Reorganization
Chapter 13 bankruptcy offers individual debtors greater options to reorganize their debts and to protect their assets. A Chapter 13 plan is often used to repay arrears on secured debt such as repaying mortgage arrears on a home or back payments on a car. A Chapter 13 plan may also enable an individual to retain non-exempt assets and to pay the value of those non-exempt assets to their creditors over time. Bankruptcy allows the debtor to protect his/ her rights and create a path toward stability. Our team helps you understand how bankruptcy impacts your assets, income, and credit, ensuring there are no surprises along the way.
We also provide guidance on how to rebuild your credit and establish healthier financial habits after your case is resolved. With the right legal support, bankruptcy can be a powerful tool for achieving long-term financial security.
If you find that your situation requires a fresh start and a new beginning and are considering bankruptcy, now is the time to take action. Larry Plummer Law is here to provide the professional, knowledgeable support you need during this critical time.
Contact Larry Plummer Law today to schedule your consultation and start your journey toward financial relief.